Daily - Go to TTD's     Chart scroller of  Breakout Stocks    -  Monday - January 28, 2019

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Daily - Bullish Investors  - Go To TTD Pre-Market Opening Breakout Watch  List  - Monday - January 28, 2019

Daily - Bullish Aggressive Investor - Go To TTD Quick Trade Setups (74% win rate) - Monday - January 28, 2019

Go To Prior Days TTD "Reports"

Weekly - Bullish Conservative Investors - Go To TTD Long-Term Plays - Monday, January 28, 2019

 

Go to Video Show - "How to Make Money With Breakout Stocks


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Ticker Tape Digest

Monday - January 28,  2019


By Leo Fasciocco -- TTD

   Ticker Tape Digest presents its daily stock market report containing stocks to go long as Breakout Trades, Quick Trades, or Bargain Accumulation Trades.

  We also feature stocks under Significant Accumulation that are poised to breakout.

Ticker Tape Digest's

Daily schedule guide for TTD subscribers

1. Pre-market - check Breakout Watch List and Quick Trades.

2. Morning - (11:30 - 12 A.M.) - check breakout stocks tape and breakout chart slide show.

3. Midday (1 P.M.) check TTD Midsession Report and see market video show.

4. After close (4 P.M.) check final TTD Report for day.


Trading Strategies

Bullish

Aggressive Investors Bullish - "Breakout Stocks" - ideally suited for bull markets and special situation stocks. Potential for large returns. (See Performance)


Aggressive Investor Bullish-  "Quick Trade Stocks" -ideally suited for entry into top performing issues looking for a small quick profit."  (See Performance)


Conservative Investors  "Bargain Buy Trades for the Long Term."  Ideally suited for entry into top performing big cap stocks on pullbacks within overall up trend.(See Performance)


Bearish

Aggressive Bearish Investors - "Breakdown Stocks" to Sell Short. Ideally suited for bear markets or market pull backs. Potential for large returns  (See Performance)

   The TTD report also contains stocks to short as  breakdown plays and as bargain (swing trade) shorts.

  Investors should  tend to try to go with a strategy that fits with the stock market's trend, unless there is a special situation play.

  TTD's Breakout Stocks - Long are most suitable for aggressive investors seeking ideal entry points into leading stocks, especially during bull markets. They can do extremely well in bull markets with gains of as much as several hundred percent.

 These stocks can also do extremely well during strong market rallies, or if they are in a industry group that is performing very well. They tend to have strong earnings outlooks and are near new-52 week, or all-time highs.

  TTD Quick Trade Stocks - Long These are leading issues that have pulled back in recent days, but could move higher soon. They are most suitable for Aggressive Investors willing to trade short term. These stocks will do extremely  well during market advances. They have about 74% win rate. During market rally sequences the win rate is even higher. The return is small 3% to 8% in just a few days.

 TTD's Bargain Buy Trades - Long - Long Term.  These are for conservative bullish Investors These long-term buys are ideally suited for entry into stocks on pull backs within overall up trend. These stocks can give a good return long-term especially during a bull market.

   TTD also presents Stocks To Sell or Sell Short. These issues are suitable for aggressive investors willing to take short positions both as trades or for longer-term plays. These stocks will do very well during bear markets or market pull backs.

  TTD's Bearish breakdown stocks to sell short. These issues have potential to fall sharply. They often show a technical breakdown and also some fundamental business problem such as weak earnings.  

 TTD's multi-media updates include a slide-show that presents charts and analysis at midsession. Some times TTD presents feature analysis on stocks and the market. TTD uses Windows Media Files. (WMV).

 TTD also presents a "Breakout Watch List" that is up dated daily. This list consists of key stocks in position to breakout. A close watch of this list can put you in the stock just as it breaks out. A good idea is to study the list and be ready to move into a stock quickly as it hits its breakpoint.

TTD often suggests using stop buy orders to enter. It is very important to buy a breakout stock as close as possible to the breakpoint. The idea is to get "elbow room" if the stock should follow through to the upside. This is very important in being successful in making big money with breakout stocks.

It is also essential to have a stop loss strategy for all stocks in which positions are taken. Not every stock will work as expected. It is important for investors to "police" their portfolios and avoid getting trapped in any bad positions.

 Quality rating of breakout  Two key factors: 1 - Stock near all-time high in price or near a 52-week high. 2 - earnings growth current year is strong. The ideal play is a stock with an Above Average Quality Rating. The stock is near a new high and will have strong earnings. TTD's other ratings are Average and Below Average.

Quote or chart

   TTD also has  special feature sections on  Educational Tips on Investing.

   To email Mr. Leo Fasciocco  leo@tickertapedigest.com.   

   For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-926-1680.


Monday - January 28, 2019

TTD's Breakout Stocks

  Stock Market Overview

Total Buy Breakouts so far today -  11

Quality of Breakouts -  Below Average.

Stocks Screened - 12,234

Bull side -   Large list of breakouts but very selective.

Stock market  -  Major averages daily and monthly are bullish. However, weekly market averages are bearish.

Comment -  Stock market sells off sharply as earnings disappoint.  Bulls be patient.

See Latest Earnings Reports -  A company that tops the Street's highest earnings estimate has potential to go higher. Monday's list of strong earnings includes: ATLKY, AKS, WMD, BMRC and WHR.

Stock Market Momentum

(Daily is based on a moving average)

Market (Daily)

 Market (Weekly)

 Market (Monthly)  

 Dow - Bullish

 Dow - Bearish

 Dow - Bullish

  Nasdaq - Bullish

  Nasdaq - Bearish

Nasdaq - Bullish

   S&P 500 - Bullish

  S&P 500 - Bearish

  S&P 500 - Bullish


Ticker Tape Digest's

Timely Breakout Stocks From Tape Action

(The “breakout List” gives all stocks breaking out of a base of five weeks or more. These stocks have a good chance to trend higher. However, a stop should be used to avoid those that do not work.

They are ranked according to percentage change and classified as leaders or other.

(Trading strategy: One should buy breakout stocks near breakpoint by using market order or stop buy.  They can also be bought soon after a follow through move, sometimes on an intraday pullback. )  


Today's Featured TTD Breakout Stock

Legacy Housing Corp. (LEGH) - 13.30, up 0.15 - Breakpoint 13.15

Net To Rise 17% This Year, TTD Targets 16.70

      TTD's Quality Rating of Stock - LEGH -  ABOVE AVERAGE

    LEGH, based in Bedford, Tex., sells manufactured homes. Annual revenues: $129 million. LEGH's stock moves higher Monday and breaks out from its 8-week, cup-and-handle base.

  The move carries LEGH to a new all-time high. It came public in mid-December.

  So far today, LEGH is trading 65,330 shares. Its average daily volume is 60,000 shares.

  LEGH's stock trended mostly sideways through the day.

 Then in the last hour the stock surged higher to clear its breakpoint line.

   Tape Action

  LEGH's tape action shows the recent block trades.

  One can see the price for the blocks climbing from $12.98 in the afternoon to as high as $13.25.

  A key bullish trade came in the afternoon when a block of 1,000 shares crossed the tape at $13.25.

  That was up from the prior block at $12.98 on 800 shares.

  There was some institutional selling later in the day.

  Business

  LEGH builds, sells and finances manufactured homes that are distributed through a network of independent retailers to manufactured housing communities.

 The company offers its customers homes ranging in size from approximately 390 to 2,667 square feet consisting of 1 to 5 bedrooms, with 1 to 31/2 bathrooms.

 LEGH operates in 15 states through a network of 117 independent retailers and 11 company-owned retail locations.

  Its company-owned retail locations include nine Heritage Housing stores and two Tiny House Outlet stores.  

  Charts

  LEGH's three-month performance chart shows the stock up 10% versus a 7% decline for the stock market.

  Insiders have not been active.

  LEGH's long-term chart is limited because the stock recently went public.   

  LEGH's daily chart shows the stock coming public in December.

  The stock reached a peak near $13.15.

  It then pulled back, rallied and went sideways forming a cup-and-handle base.

  The breakout looks solid coming with a significant widening of the daily spread.

  The CCI momentum (bottom of chart) has just turned up.

   Earnings Outlook

   Analysts  are forecasting LEGH will check in with a profit of $1.09 for 2018. There was no comparison with a year ago.

  Fourth quarter net is expected to be 24 cents a share. Two analysts follow the stock.

  Looking out to this year, the Street is forecasting a 17% increase in net to $1.27 a share from the anticipated $1.09 for 2018.

  Net for the first quarter is expected to be 28 cents a share.   

Strategy Opinion:  TTD is targeting LEGH for a move to $16.70 within the next few months or sooner. A protective stop can be placed near $12.30.

Intermediate-Term Rating:  Average.

Suitability:   Average Bulls.

                                 TTD's special research of  Stock's Prior Performance:  

Probability - Breakout Success - Slightly Bullish -   LEGH has one breakout and is still in play.

Probability - Earnings Response - Neutral -  Not available.

Probability:  Seasonal Success - Neutral -  Not available.


           Stock's Prior Performance After A Breakout

Stock's % Change from Breakout to peak - prior  to cut below 50-day M/A.

Date of Breakout

Break point Price

Stocks Price Peak after Breakout - prior to cut below 50-day M/A

  Date Trade Closed

              1%

   01/28/2019

     13.15

       13.30

  Still in play

(In actual trading, entry and exit points could vary depending on broker execution.

Also, ideal are breakouts to a new 52-week high or better, perhaps all-time highs.)


  Stock's Long-term Chart


 Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  -  Insider Selling in Red


   Stock's Monthly Seasonal Performance Chart - Past 5 Years

Showing % Months UP and % Change

               


TTD's Breakout Profile Rating
Legacy Housing Corp. (LEGH)  
TTD Check List Bullish Bearish Neutral
Near 52-week High YES
Volume   YES
Tick Volume YES
Price Trend - Daily YES  
Price Trend - Long Term YES    
Price Daily Spread YES  
Base Structure YES    
Base - A-D YES
Earnings-Quarterly YES    
Earnings-Long Term YES    
Earnings Outlook YES  
Industry Group YES  
Prior Breakout Success   YES
Fund Sponsorship YES  
Total Score   12 0 2

Charts of Selected Breakout Stocks

      TTD's Quality Rating of Stock - BCSF -  AVERAGE

    TTD's Quality Rating of Stock - SCWX - AVERAGE

    TTD's Quality Rating of Stock - ADC - AVERAGE

    TTD's Quality Rating of Stock -WELL - AVERAGE

 


Ticker Tape Digest’s

Stocks To “Sell or Short”

Ticker Tape Digest’s Daily List of “Stocks To Sell or Sell Short” ranks stocks well timed to be sold immediately based on daily trading. The list can be used as an alert to reduce current long-term positions.

Shorts from tape action so far today -  6

Stocks Screened - 12,234

Long-Term Environment for bears: Neutral.

Bear Side - Small list of shorts and very selective. Bears be conservative.


List of Stocks To Sell or Short


TTD’s Feature Bear Play

Vale SA (VALE) - 11.20

Drops Dividend, TTD Sees Decline to 8.90

  VALE, based in Rio de Janiero, produces iron ore and iron ore pellets used to make steel. Annual revenues: $108 million. VALE's stock falls sharply Monday and undercuts key technical support.

  TTD sees more on the downside.

  VALE's decline comes after the company said it would discontinue its dividend.

   So far today, VALE is trading 150 million shares, about five times its average daily volume of 31.8 million shares.

  TTD highlighted VALE as a short at our midsession video show on the Web Monday.

  VALE's stock fell in the morning and undercut key technical support.

  The stock touched an intraday low of $11.08 in the late afternoon. It trended lower most of the day.

  Tape Action

  VALE's tape action shows the recent block trades.

  One can see the price for the blocks falling from $13.66 in the prior session to as low as $11.20 by the close.

  A key bearish trade came in the morning when a block of one million shares crossed the tape at $12.35.

  That was down from the prior block at $13.66 on 383,624 shares late on Friday.   

  Business

  VALE's raw materials are used for steelmaking. It is also a producer of nickel.

 In addition, VALE produces copper, metallurgical and thermal coal, potash, phosphates and other fertilizer nutrients, manganese ore, ferroalloys, platinum group metals, gold, silver and cobalt.

 The company's segments include Ferrous minerals, which comprises the production and extraction of ferrous minerals.

 Earnings:

  This year, analysts are forecasting a 10% increase in net to $1.74 a share from the $1.58 expected for 2018.

  Profits for the upcoming first quarter should jump 78% to 66 cents a share from the 37 cents the year before.

  Charts:  

  VALE's daily chart shows the stock falling sharply in the prior session. Monday, VALE gaps lower and cuts below key technical support.

  VALE's 12-month performance chart shows the stock falling 12% versus a 5% decline for the stock market.

Strategy Opinion: TTD is targeting VALE for a decline to $8.90 within the next few months or sooner.

Suitability:   Aggressive Bears.

  TTD's probability research of Prior Performance:  

Probability - Earnings Response - Bearish.  -   VALE rose  one time after the past 4 earnings reports when there was a significant change in price.

Probability:  Seasonal Activity - Bullish.  - VALE averaged a gain of 8% in February and a 1.2% in March the past several years.


   TTD's Quality Rating of Stock  - (VALE)  BELOW AVERAGE


   Stock's Performance Chart with Quarterly Earnings Markers vs. S&P 500

Insider Buying in Green  - Insider Selling in Red

          


   TTD takes no responsibility for trading by those using this information. The stocks presented in our report are those we deem the best looking "Day Trades" for the long side. We take no responsibility for the accuracy of this data, although every effort is made to present the information correctly. Copyright Ticker Tape Digest. - 2019

    TTD columnist Leo Fasciocco has covered the stock market for over 30 years. His articles appear in many publications. He has also been  a speaker at the Money Show conferences. He has been on television and radio. He is author of many educational articles about stock investing and the book “Guide To High-Performance Investing.”

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   For information to subscribe to the Ticker Tape Digest Services call: Beverly Owen at 1-480-926-1680.

   Distributed by Corona Publishing Enterprises. TickerTape Digest Inc. 1220 W. Sherri, Gilbert, Az. 85233.


  TTD “Professional Report” is available on the Web: $100 per month. Password needed. Published daily - around 20 times a month.  

 TTD Pro Report includes a Morning chart slide show of breakout stocks, a Midsession video-audio show with commentary on breakout stocks and shorts and a Final end of day overall report on breakout stocks for the session, short plays and accumulation plays.  There are other features too such as Quick Trades and Long-term Plays.  


TTD Daily Report is $39. It covers a Morning slide show of charts of stocks breaking out and a TTD end of day print report covering breakout stocks and shorts.

 Credit cards accepted. Payable to Corona Publishing Enterprises.


(The information contained has been prepared from data deemed reliable but there is no guarantee of complete accuracy. Ticker Tape Digest Inc. is not affiliated with any broker, dealer or investment advisor. Nothing in this publication constitutes an offer, recommendation or solicitation to buy or sell any securities. Further research is advised. This report is copyrighted and no redistribution is permitted with out permission.)